South African Rand Futures Contract Specs

Contract Unit	500,000 South African rand
Trading Hours	CME Globex:	Sundays: 5:00 p.m. – 4:00 p.m. Central Time (CT) next day. Monday – Friday: 5:00 p.m. – 4:00 p.m. CT the next day, except on Friday – closes at 4:00 p.m. and reopens Sunday at 5:00 p.m. CT.
	CME ClearPort:	Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
Minimum Price Fluctuation	$.000025 per South African rand increments ($12.50/contract).
Product Code	CME Globex: 6Z CME ClearPort: RA Clearing: RA
Listed Contracts	Thirteen consecutive calendar months plus two-deferred March quarterly cycle months
Settlement Method	Deliverable
Termination Of Trading	9:16 a.m. Central Time (CT) on the second business day immediately preceding the third Wednesday of the contract month (usually Monday).
Settlement Procedures	ZAR/USD Futures Settlement Procedures
Position Limits	CME Position Limits
Exchange Rulebook	CME 259
Block Minimum	Block Minimum Thresholds
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing

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